My favourite time of the month again – it’s time to update the Ultimate Dream Fund! It seems to come round faster and faster each time, but I’m not complaining. After a bit of a disappointing June, July has been much more positive and I’m very pleased with the progress this month. I think that investing in dividend paying stocks is still the way forward and although I’m at the beginning of that journey, at this point in time it is the right move for us.


The Ultimate Dream Fund is named because it is our dream to retire early, and we need the funds to make that happen! One day, this fund will provide us with the money to live on when we leave our 9-5 jobs and time will be all ours. That’s the biggest motivator for achieving our goal. Being able to spend our time with our family is what we’re doing this for; there’s nothing more meaningful to us than that.


I’m going to post updates on our fund for two reasons; one, so that I can show that living a frugal lifestyle means that we can retire earlier than we should do and still live a good life on the journey, and two; to keep me motivated for the long haul. This journey is going to take us a long time, but it’ll be worth it in the end. This plan also includes us being mortgage free, so that our monthly outgoings are reduced and manageable.

Ultimate Dream Fund July


The dividend payments I received throughout July have also been reinvested so that they are working hard for us already. Again, although the numbers are small, it all helps over time and we’ll continue to plod along slowly. Over time, the percentage reinvested will increase and so the amount needed to be saved from income will decrease, or we’ll be able to speed up the process! I’m looking forward to all of that beginning. All of this is within my stocks and shares ISA which is with Hargreaves Lansdown. It is very easy to use and I’d definitely recommend them. You can get information about that here or even open an ISA today if you feel ready!


Related post: I’ve Started To Invest – Finally!

Related post: My Investing Journey So Far

Related post: Portfolio Progress – First Quarter 2016


As of July 31st, our Ultimate Dream Fund looks like this:

Screen Shot 2016-07-30 at 21.42.10


That overall is an increase of £1,251.28 for the month of July which is absolutely amazing! I transferred over £800 into savings in July, but some of my holdings have increased somewhat so for the first time ever, I’ve managed to increase the fund by over £1,000 in one month! Also, both accounts are in the green too which I’m pleased about, and long may this continue. I am aiming for the Ultimate Dream Fund to be around the £8,500 mark by the end of August. However, if I want us to meet our long term aims, I need to start bringing in more money; If you would like to work with me, please check out my Hire Me/Advertise tab!


Finally, here is the progress of the fund since it began in June 2015:

Screen Shot 2016-07-30 at 21.46.44


How was July for your savings/investing targets? Are you still on track?


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